Raymond James Financial Inc. Buys New Position in BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII)

Raymond James Financial Inc. purchased a new position in shares of BlackRock Enhanced Capital and Income Fund, Inc. (NYSE:CII) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 918,969 shares of the real estate investment trust’s stock, valued at approximately $18,471,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Cornerstone Advisors LLC grew its stake in BlackRock Enhanced Capital and Income Fund by 120.3% during the 3rd quarter. Cornerstone Advisors LLC now owns 450,700 shares of the real estate investment trust’s stock worth $8,874,000 after buying an additional 246,093 shares during the last quarter. Landscape Capital Management L.L.C. boosted its holdings in shares of BlackRock Enhanced Capital and Income Fund by 24.0% in the third quarter. Landscape Capital Management L.L.C. now owns 159,048 shares of the real estate investment trust’s stock valued at $3,132,000 after acquiring an additional 30,766 shares during the period. Truist Financial Corp grew its position in shares of BlackRock Enhanced Capital and Income Fund by 2.2% during the fourth quarter. Truist Financial Corp now owns 75,524 shares of the real estate investment trust’s stock worth $1,518,000 after acquiring an additional 1,643 shares during the last quarter. Global Retirement Partners LLC increased its holdings in shares of BlackRock Enhanced Capital and Income Fund by 5,372.1% in the 4th quarter. Global Retirement Partners LLC now owns 59,482 shares of the real estate investment trust’s stock valued at $1,196,000 after acquiring an additional 58,395 shares during the period. Finally, Private Advisor Group LLC increased its holdings in shares of BlackRock Enhanced Capital and Income Fund by 7.9% in the 4th quarter. Private Advisor Group LLC now owns 49,899 shares of the real estate investment trust’s stock valued at $1,003,000 after acquiring an additional 3,665 shares during the period.

BlackRock Enhanced Capital and Income Fund Stock Up 0.5 %

Shares of CII opened at $18.71 on Tuesday. The stock’s 50 day moving average is $20.30 and its two-hundred day moving average is $19.96. BlackRock Enhanced Capital and Income Fund, Inc. has a twelve month low of $17.57 and a twelve month high of $21.14.

BlackRock Enhanced Capital and Income Fund Dividend Announcement

The business also recently declared a monthly dividend, which will be paid on Monday, March 31st. Stockholders of record on Friday, March 14th will be issued a $0.141 dividend. The ex-dividend date of this dividend is Friday, March 14th. This represents a $1.69 dividend on an annualized basis and a dividend yield of 9.05%.

About BlackRock Enhanced Capital and Income Fund

BlackRock Enhanced Capital and Income Fund, Inc is a closed ended equity mutual fund launched by BlackRock, Inc The fund is managed by BlackRock Advisors, LLC. It invests in public equity markets across the globe. The fund seeks to invest in securities of companies operating across diversified sectors.